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- tim10167 replied Jul 6, 2012
The Danish krone slumped Friday to an eight-month low against the euro as the market continues to digest the Danish central bank's move to deflect inflows with its first ever negative deposit rate. Jordan, did u see this news?
EUR/CHF
- tim10167 replied Jul 6, 2012
and when ESM starts to buy Spanish and Italian bonds to make the yields lower.....thats when money will return.......
EUR/CHF
- tim10167 replied Jul 6, 2012
heard some hedge funds and investment banks stopped trading this pair as going no where. good for us longs.......as when real money starts to flow back out to EU, no one can stop them....
EUR/CHF
- tim10167 replied Jul 5, 2012
The euro moves back into positive territory against the Danish krone after the Danish central bank cut its bank deposit rate to negative yields for the first time. The central bank cut the deposit rate to -0.2% from 0.05%. It also cut its lending ...
EUR/CHF
- tim10167 replied Jul 5, 2012
Denmark's central bank cuts discount rate to 0% from 0.25%, certificate of deposit rate now -0.2%.Denmark Central Bank Deposit Rate Negative For First Time
EUR/CHF
- tim10167 replied Jul 4, 2012
FXCM 1.1996, unuasual, looks like people are afraid of rate cut
EUR/CHF
- tim10167 replied Jul 2, 2012
Switzerland’s President Eveline Widmer-Schlumpf: The Swiss government “is prepared for the worst, but I don’t think we have to do that.” Inflation would be the only restraining factor on the SNB’s intervention and “if we would have inflation I think ...
EUR/CHF
- tim10167 replied Jul 2, 2012
He said he wont go against SNB when he was in Davos, Swiss early this year. I think he knows this is totally different from when he was betting on Bank of England. Bank of England needs to use limited foreign reserve to defend, not printing ...
EUR/CHF
- tim10167 replied Jul 2, 2012
Yes, let us all hope this time, this "big can" can last a bit longer....enough for the trend to shift for 2~3 months.
EUR/CHF
- tim10167 replied Jul 2, 2012
Regardless of who is selling, and regardless of whether the Swiss data is good or bad, we have to recognize the fact that the majority of inflows into CHF are "real money", and this real money will leave once things in EU stablizes. We dont know ...
EUR/CHF
- tim10167 replied Jul 1, 2012
according to the SSI report on FXCM, looks like there are a great deal of traders doing scalping now, and aggressively short the pair whenever the pair goes up to 1.202~1.204 and buy back in the 1.201 area. It makes me think if the market trend ...
EUR/CHF
- tim10167 replied Jul 1, 2012
with this regard, I think the market is currently pricing in 95% of the chances the president will sign
EUR/CHF